June 28, 2022
5 mins read

Modi pitches clean energy tech at G7

Prime Minister Narendra Modi said a huge market for clean energy technologies is emerging in India, calling G-7 countries to invest in research, innovation, and manufacturing in this field…reports Asian Lite News

Prime Minister Narendra Modi on Monday said a huge market for clean energy technologies is emerging in India, calling G-7 countries to invest in research, innovation, and manufacturing in this field.

Modi, during his speech at the session on ‘Investing in a better Future: Climate, Energy, Health’ at G7 Summit in Germany, said ancient India has seen a time of immense prosperity.

“Then we have also tolerated the centuries of slavery, and now independent India is the fastest-growing big economy in the whole world.

“But during this whole period, India did not let its commitment to the environment get diluted even a single bit. 17 per cent of the world’s population resides in India. But, our contribution of global carbon emissions is only 5 per cent. The main reason behind this is our lifestyle, which is based on the theory of co-existence with nature,” he said.

He further said: “All of you will also agree with this that energy access should not be the privilege of the rich only – a poor family also has the same rights on energy. And today when energy costs are sky-high due to geopolitical tensions, it is more important to remember this thing. By taking inspiration from this principle, we delivered LED bulbs and clean cooking gas door-to-door in India and showed that millions of tons of carbon emissions can be saved while ensuring energy for the poor.

“Our dedication to climate commitments is evident from our performance. We have achieved the target of 40 per cent energy-capacity from non-fossil sources 9 years before time. The target of 10 per cent ethanol-blending in petrol has been achieved 5 months before time. India has the world’s first fully solar power operated airport. India’s huge railway system will become net zero in this decade,” said the Prime Minister.

Modi said when a large country like India shows such ambition, other developing countries also get inspiration.

“We hope that the rich countries of G-7 will support India’s efforts. Today, a huge market for clean energy technologies is emerging in India. G-7 countries can invest in research, innovation, and manufacturing in this field. The scale that India can provide for every new technology can make that technology affordable for the whole world. The core theories of the circular economy have been an integral part of Indian culture and lifestyle,” he added.

“I called for a movement called LIFE – Lifestyle for Environment – in Glasgow last year. This year on World Environment Day, we launched the Global Initiative for LiFE campaign. The goal of this campaign is to encourage an eco-friendly lifestyle. We can call the followers of this movement Triple-P i.e. ‘pro planet people’, and we should all take the responsibility of increasing the number of Triple-P people in our own countries. This will be our greatest contribution to the coming generations,” Modi said.

The Prime Minister further said humans and planet health are interconnected.

“Therefore, we have adopted the approach of one world, one health. During the pandemic, India found many creative ways to use digital technology in the health sector. G7 countries can help India to take these innovations to other developing countries. Recently we all celebrated the International Day of Yoga. In times of the Covid crisis, Yoga has become a great tool for preventive health for people all over the world, this helped many people to maintain their physical and mental health,” PM Modi said.

Modi, Macron meet

Prime Minister Narendra Modi, who is in Germany for the G7 Summit, held talks with French President Emmanuel Macron on Monday.

Modi shared pictures of him having tea with Macron as they discussed bilateral relations.

The Prime Minister earlier met German Chancellor Olaf Scholz.

“Excellent meeting with @Bundeskanzler Scholz. Thanked him for the warm hospitality during the @G7 Summit. We discussed cooperation in key sectors like commerce and energy. We also had deliberations on furthering environmentally friendly growth for our planet,” he tweeted after meeting German Chancellor.

The PM also met South African President Cyril Ramaphosa.

Biden reached out to PM

US President Joe Biden’s outreach to the Indian Prime Minister Narendra Modi by stepping out to greet him at the G7 summit in Germany is being perceived as a calculated political move to garner his support on the Quad and other multilateral issues on the table.

TV grabs and pictures of the event have gone viral especially in India and on the internet raising curiosity as to why would Biden do such a thing unless there was an agenda behind it, sources not wishing to be named said.

The US needs India’s support on the Russia Ukraine war where India has maintained a low-profile ambivalent stand in the Quad group with India’s External Affairs Ministry not making any statement that could reportedly upset the balance in the long traditional ties India has had with Russia over the years and with multibillion dollar military supplies at stake, even though the BJP-led NDA has come off to the world as an ultra-right wing party aligned more with the west than the east, analysts feel.

While Biden might persuade India to restrict oil imports from Russia and look at the global demand supply management in several countries including India where inflation is soaring, India would reiterate its position that it is unfairly being targeted for its imports from Russia on oil while most of the west looks to Russia for energy supplies and imports minerals, fertilisers and ores.

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